Saudi Arabia Automotive Engine Oils Market Size

Statistics for the 2023 & 2024 Saudi Arabia Automotive Engine Oils market size, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Automotive Engine Oils size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Saudi Arabia Automotive Engine Oils Industry

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Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 351.45 Million Liters
Market Volume (2026) 366.77 Million Liters
CAGR (2024 - 2026) 2.16 %
Market Concentration High
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Saudi Arabia Automotive Engine Oils Market Analysis

The Saudi Arabia Automotive Engine Oils Market size is estimated at 351.45 Million Liters in 2024, and is expected to reach 366.77 Million Liters by 2026, growing at a CAGR of 2.16% during the forecast period (2024-2026).

  • Largest Segment by Vehicle Type - Passenger Vehicles : The average engine oil capacity of heavy-duty trucks and buses was higher, resulting in the commercial vehicle sector dominating the engine oil consumption in Saudi Arabia.
  • Fastest Segment by Vehicle Type - Motorcycles : Following the COVID-19 outbreak, there has been a dramatic increase in used motorcycle sales in Saudi Arabia, in turn driving engine oil consumption in the motorcycle market.

Saudi Arabia Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026